Turbulence and Order in Economic Development Institutions and Economic Transformation in Tanzania and Vietnam
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Beschreibung
Produktdetails
Einband
Gebundene Ausgabe
Erscheinungsdatum
15.04.2018
Verlag
Oxford University PressSeitenzahl
264
Maße (L/B/H)
24,1/16,1/2,2 cm
Gewicht
568 g
Sprache
Englisch
ISBN
978-0-19-871464-4
Tanzania and Vietnam were two of the poorest countries in the world in the early 1980s but over the last thirty years, both have experienced significant changes in the pace and character of economic development. While both countries experienced faster rates of GDP growth, their paths of economic transformation were very different as Vietnam experienced rapid poverty reduction associated with the expansion of manufacturing while Tanzania's path of industrialization was characterized by the rise of mining and a much slower pace of poverty reduction. Employing a political settlements approach, this book considers the comparative role of the state in driving economic transformation. In both countries, the experiences of socialism continued to shape the role of the state in the economy even after extensive market liberalization, however, the distribution of political and economic power was very different. This had important consequences for the overlapping role of the state in generating political order and in driving economic transformation. Turbulence and Order in Economic Development studies the formal and informal ways that the state influenced economic transformation through its role in public financial management, land and industrial policy.
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